The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the banks. It’s about funding the federal deficit without increasing the interest tab, something that may be necessary in this gridlocked political climate just to keep the government functioning.
http://www.webofdebt.com/articles/qe2.php -- Robert Naiman Policy Director Just Foreign Policy www.justforeignpolicy.org [email protected] Urge Congress to Support a Timetable for Military Withdrawal from Afghanistan http://www.justforeignpolicy.org/act/feingold-mcgovern _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
